RHS Loan

AAA

DEFINITION of 'RHS Loan'

A loan made by or guaranteed by the United States Department of Agriculture Rural Housing Service (RHS). The RHS lends both directly to low income borrowers in rural areas and guarantees loans that meet RHS requirements made by approved lenders. RHS mortgage loans may be part of a pool of mortgages securitized by the Government Nation Mortgage Association (Ginnie Mae).

INVESTOPEDIA EXPLAINS 'RHS Loan'

The RHS originates and guarantees more than home mortgages. The RHS operates loan programs for community services such as health care clinics, police and fire stations, schools, and childcare centers.

RELATED TERMS
  1. Mortgage

    A debt instrument, secured by the collateral of specified real ...
  2. Seed Stock

    An investment security that is based on shares of a publicly ...
  3. Crop Yield

    A measurement of the amount of a crop that was harvested per ...
  4. Farm Credit System - FCS

    The Farm Credit System is a nationwide network of cooperative ...
  5. Rural Housing Service - RHS

    An administrative division within the U.S. Department of Agriculture ...
  6. Mortgagee

    An entity that lends money to a borrower for the purpose of purchasing ...
Related Articles
  1. ARMed And Dangerous
    Insurance

    ARMed And Dangerous

  2. How Mortgage Refinancing Affects Your ...
    Credit & Loans

    How Mortgage Refinancing Affects Your ...

  3. Option ARMs: American Dream Or Mortgage ...
    Home & Auto

    Option ARMs: American Dream Or Mortgage ...

  4. What You Need To Know About Fannie Mae ...
    Investing Basics

    What You Need To Know About Fannie Mae ...

comments powered by Disqus
Hot Definitions
  1. Last In, First Out - LIFO

    An asset-management and valuation method that assumes that assets produced or acquired last are the ones that are used, sold ...
  2. Ghosting

    An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. ...
  3. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  4. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  5. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  6. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
Trading Center